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Refinance Analyzer

Use the Refinance Analyzer below to estimate the potential profit and return on investment from your next deal. Edit the assumptions to adjust the calculation.

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$81,973

Cash Out Proceeds

$7,948

Annual Net Cash Flow

$1,362

New Loan Payment

1.49

Debt Service Coverage

Refinance Cost
New Loan Amount
$199,598
Current Loan Payoff
$106,500
Loan Points
$3,992
Loan Closing Costs
$7,133
Total Refinance Cost
$117,625
Total Cash Out Proceeds
$81,973

Loan Terms
New Loan Amount
$199,598
Monthly Loan Payment
$1,362
Interest Rate
7.25%
Property Net Cash Flow
$24,287
Annual Loan Payment
$16,339
Debt Coverage Ratio
1.49

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$1,397
Title Search
Wire/Courier
Recording and Mortgage
Lender Underwriting Fee
Appraisal
Escrow/Settlement Fee
HOA Report/Estoppel/Unpaid Dues
Lender Processing
Prepaid Loan Reserve
(Months)
$0
Prepaid Insurance Premium
(Months)
$1,171
Misc.
Total Loan Closing
$7,133

Rental Income
Monthly Market Rent
$2,500
Potential Gross Rent
$30,000
Vacancy Factor
%
$1,500
Effective Gross Rent
$28,500
Property Taxes
%
$2,542
Hazard Insurance
%
$1,171
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$4,213
Net Operating Income
$24,287
Annual Loan Payment
$16,339
Net Cash Flow After Debt Service
$7,948
Debt Coverage Ratio
1.49
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Disclaimer: Information on estimated costs and profitability is provided for informational purposes and is deemed to be valid and reliable, but is not guaranteed. It is your sole responsibility to independently confirm and verify all information upon which you may rely or use.